Nuveen High Income 2023 Target Term Fund

The full company name is Nuveen Corporate Income 2023 Target Term Fund.

NEW YORK--(BUSINESS WIRE)--Nuveen Corporate Income 2023 Target Term Fund (NYSE: JHAA) completed its termination and liquidation following the close of business on December 1, 2023. The termination and liquidation was performed in accordance with the fund's investment objectives and organizational documents, consistent with the fund's previously announced liquidation plans. JHAA launched on December 18, 2018 as a short duration strategy that invested primarily in high yield corporate debt securi.

Nuveen Corporate Income 2023 Target Term Fund Announces Termination and Liquidation

NEW YORK--(BUSINESS WIRE)--Nuveen Corporate Income 2023 Target Term Fund (NYSE: JHAA) today announced new details concerning its liquidation. Consistent with its investment objectives and organizational documents, the fund plans to terminate its existence and liquidate on or about December 1, 2023. As the fund approaches liquidation, its common shares will continue trading on the New York Stock Exchange through November 24, 2023 and will be suspended from trading before the market opens on Nove.

Nuveen Corporate Income 2023 Target Term Fund Announces Liquidation Details

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc.

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

We review CEF market valuation and performance through the first week of June and highlight recent market action. CEFs finished in a strong fashion, partly reversing the weakness over May. With a weak May behind us, we take a look at seasonality and whether "sell in May" works in CEFs.

CEF Weekly Review: Sell In May Worked This Time

Nuveen Corporate Income 2023 Target Term is a Nuveen target term fund allocated mostly to BBB/BB-rated corporate bonds. JHAA is expected to terminate this December, which offers a potential opportunity given the fund continues to trade at a discount. Adding up all the fund's key performance drivers into December, we come up with a roughly 10% yield opportunity.

JHAA: A 'Drier-Powder' Double-Digit Yield Opportunity For The Rest Of The Year

NEW YORK--(BUSINESS WIRE)--Nuveen Corporate Income 2023 Target Term Fund (NYSE: JHAA) has entered the wind-up period in anticipation of its termination date. The fund is a “target term” fund that will cease its investment operations and liquidate its portfolio on or about December 1, 2023 and distribute the net proceeds to shareholders, unless the term is extended for a period of up to six months by a vote of the fund's Board of Trustees. The fund has the investment objective to provide a high.

News for Nuveen High Income 2023 Target Term Fund ETF (JHAA)